Do SEC investigations about fake news on social media wind up discrediting real news?
October 6, 2022 •
An interesting study from Shimon Kogan, Tobias Moskowitz and Marina Niessner as pointed out in this note by Alex Edmans:
Spillover effects of (mis)trust: An SEC investigation into financial news manipulation on social media caused investors to discount all news (even legitimate news) on such platforms.